cover image: HIGHLIGHTS OF ONTARIO’S 2023 FALL ECONOMIC STATEMENT - NOVEMBER 2023 INTRODUCTION

20.500.12592/jq0t3t

HIGHLIGHTS OF ONTARIO’S 2023 FALL ECONOMIC STATEMENT - NOVEMBER 2023 INTRODUCTION

3 Nov 2023

The outlook the World Trade Monitor suggests that the volume projects a deficit of $5.6 billion in 2023-24, a of global trade peaked towards the end of 2022 deficit of $5.3 billion in 2024-25 and a surplus of and has been trending downwards due to higher $0.5 billion in 2025-26. [...] ONTARIO’S ECONOMIC OUTLOOK The fall economic outlook reinforced the The fall economic statement highlighted ongoing government’s commitment to infrastructure and macroeconomic challenges and uncertainty, such economic resilience with two themes outlined in as geopolitical uncertainty due to the war in the 2023 budget: "Building Ontario" and "Working Ukraine and conflict in the Middle East, inflati. [...] The Ontario government is actively endorsing Additionally, the government plans to allocate federal initiatives in the financial markets sector, another $100 million to the Invest Ontario Fund, with a specific focus on: bringing the total to $500 million. [...] The framework would support The 2023 fall economic statement reaffirms the sustainability of these pension plans and help the Ontario government's commitment to provide workers, including those in the skilled prioritizing infrastructure development and trades, with retirement security. [...] Permission is hereby granted to reprint the “Highlights of Ontario’s 2023 Fall Economic Statement” on the following conditions: the content is not altered or edited in any way and proper attribution of the author(s) and GRI is displayed in any reproduction.
Pages
5
Published in
Canada